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Read all our latest articles about SlimPay and online payments.
In October 2016, any UK business accepting payments in euros will be obliged to comply with SEPA regulations. This means that the clock is ticking to ensure that your business is SEPA ready, if you are selling goods or services to any customer with a...
What are the big challenges for 2016? Find out our payment predictions for 2016 with our Payment solution expert, Francesc Altisent, which will help us to better understand the consequences of the new PSD2 (payment service directive) on the future payment...
Now that 2015 has drawn to a close, we have the opportunity not only to review the past year, but also to look to the future and everything we aim to achieve in 2016. 2015 represents a real milestone in SlimPay’s journey. Not only did we receive €15...
Deloitte Technology Fast 50 Winner We are delighted to announce that SlimPay has been named France’s fastest growing technology company at the annual Deloitte Technology Fast 50 awards ceremony held in Paris on Wednesday 25th November. Established in...
Like any payment method, SEPA Direct Debit may experience unsuccessful transactions. These are called R-Transactions. Although a rare occurrence, failed transactions can have an impact on a merchant’s...
According to the latest report from the European Central Bank, in 2013, the total value of fraudulent transactions conducted using cards issued within SEPA and acquired worldwide equated to €1.44 billion, which represented AN INCREASE OF 8% ON 2012....
In order to collect Direct Debits on a bank account, any Creditor needs to get the approval of the Debtor through the acquisition of a valid SEPA Direct Debit Mandate. This Mandate is the authorisation given by a Debtor (customer) allowing a Creditor to...
To get started with SEPA Direct Debit, any company or institution needs to get a Creditor ID (CI). This CI identifies a Creditor independently from its relationship with any creditor bank. The CI is a standardised, unchanging and unique to each...
SEPA Direct Debit is a payment method that is now fully deployed and operated in the Eurozone countries. It’s a pull-based payment method that allows a Creditor (i.e. a merchant) to directly debit a Debtor (i.e. a consumer) bank account, provided that a...
What is SEPA? Keep reading to discover our general overview. 1. Definition SEPA stands for Single Euro Payments Area. It is a European initiative, launched in 2002 by European financial institutions, aiming to ease and improve the efficiency of cross-border...
